Houston
Two Single-Tenant Assets Trade at Record-Low Cap Rates for CVS Sales in Texas
Two single-tenant net lease drugstores, both leased to CVS Pharmacy, recently sold to separate non-1031 exchange-driven private investors, each for… Read more
Westchase’s Aubrey Benefits from Houston’s Resurgence
Katy-based TruePoint Capital recently acquired The Aubrey, a 436-unit multifamily community in the Westchase submarket of Houston. Electra Capital closed… Read more
Arden Group, Arcapita Target $2B of Acquisitions with Industrial JV
Bahrain-based Arcapita Group Holdings and Philadelphia-based Arden Group have formed a joint venture to acquire multi-tenant industrial properties in urban centers across major… Read more
Billion-Dollar Disasters Spur Mitigation Funding
The announcement this week that the de Blasio administration would allocate $110 million to addressing sea-level rise and storm surge that together pose a threat… Read more
Eight Single-Tenant Net-Leased Assets Sell in Nine Months
Hanley Investment Group Real Estate Advisors and Florin Capital Real Estate LLC recently arranged the sales of eight single-tenant net-leased… Read more
Abbott Provides Update on State’s Business Climate
Gov. Greg Abbott recently delivered remarks at the Houston Region Business Coalition (HRBC) monthly meeting, where he gave an update… Read more
5718 Westheimer Offers Elements Investors are Seeking
5718 Westheimer, a 491,092-square-foot class-A office property in Houston, recently sold to Group RMC for an undisclosed purchase. The 22-story… Read more
Fusion Opens Eighth Campus in Texas
Fusion Academy is now enrolling middle and high school students for the current school year. The academy is scheduled to… Read more
Mason Park Delivers on Jobs, Schools and Lifestyle Amenities
Brixton Capital recently acquired Mason Park, a multifamily property in the growing Houston suburb of Katy from Hilltop Residential for… Read more
Abbott Appoints Three to Red River Authority Board
Gov. Greg Abbott recently appointed Conrad Masterson, and reappointed Todd Boykin and Jerry Bob Daniel to the Red River Authority… Read more
PHP Puts a Big Target on Houston and is on the Hunt for More
PHP Capital Partners has entered the Houston market with the purchase of Point West Business Park, a 145,915-square-foot light-industrial portfolio… Read more
Broke Mill RV Park Sells Within Both Parties’ Quick Timeframe
Broke Mill RV Park is located on 44 acres at 6069 US-90 in Del Rio, TX. The property consists of… Read more
Ten West Transfers to New Owner with Credit Tenant Intact
KBS recently sold Ten West Corporate Center, a fully leased four-story 199,001-square-foot class-A office building in Houston’s Energy Corridor. The… Read more
Opportune Finds Pennzoil Place an Opportune Space
Opportune LLP recently signed a long-term 62,535-square-foot expansion and renewal at Pennzoil Place at 711 Louisiana St. in downtown Houston.… Read more
Wonolo Announces Raise of a $138M Growth Round
Increasingly, businesses across the country are grappling with unpredictability – from inconsistent consumer demand to labor shortages to supply chain… Read more
Greystar Strikes $2B Deal with Multifamily Pioneer Finger Companies
The Finger Companies sold a portfolio comprised of more than 20 garden and mid-rise assets from its national holdings to… Read more
The Vista Gets a $21M Refi Provided by Houston-Based Borrower
The Vista is a 300-unit garden-style multifamily property that was constructed in 1980 and renovated in 2019. The North Houston… Read more
Port Houston Awards Dredge Contract to Great Lakes Dredge
The Port Commission of the Port of Houston Authority recently met in a special session to consider the first dredge… Read more
Planet Fitness Backfills Year-Long Vacant Space
Planet Fitness recently backfilled a rare large vacancy in Spring Town Center, a historically well-leased 500,000-square-foot development in Houston’s northern… Read more